Millennium Capital Advisors LLC Invests $458,000 in Schwab U.S. Mid-Cap ETF $SCHM

Millennium Capital Advisors LLC bought a new position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,219 shares of the company’s stock, valued at approximately $458,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fifth Third Bancorp acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $30,000. Accredited Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,004 shares of the company’s stock worth $30,000 after purchasing an additional 502 shares during the last quarter. Ransom Advisory Ltd acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $32,000. Guerra Advisors Inc acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 3rd quarter worth approximately $33,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $36,000.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of Schwab U.S. Mid-Cap ETF stock opened at $33.95 on Friday. The stock has a market cap of $14.26 billion, a P/E ratio of 18.83 and a beta of 1.04. The stock’s 50 day simple moving average is $32.50 and its 200-day simple moving average is $31.50. Schwab U.S. Mid-Cap ETF has a 1-year low of $26.45 and a 1-year high of $35.03.

Schwab U.S. Mid-Cap ETF Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.